| IPO latest price $20.0050 (0.3%) ($19.7600 - $20.0050) on Mon. Apr. 18, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 72 |
Latest Price | $20.0050(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.7% a day on average for past five trading days. |
Weekly Trend | IPO advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) DIA(7%) UUP(6%) IGOV(3%) IYT(3%) VIXM(3%) |
Factors Impacting IPO price | IPO will decline at least -0.805% in a week (0% probabilities). XLK(-8%) XLP(-7%) VUG(-7%) SPY(-7%) SMH(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|